How would I go about doing this question? ISBN: 9781618532640

Use the preceding information to do the following: a. Prepare journal entries needed to convert the governmental funds financial statements to the governmental activities columns of the government-wide financial statements. Review and make adjustments for journal entries made in Chapter 5 and Chapter 6 portions of this problem for revenues-property taxes; deferred property tax revenue; other financing sources long-term debt issued; expenditures- capital outlay expenditures-bond principal: and transfers in and out. Then. record journal entries for I through 5 above. Post the journal entries to a six-column worksheet similar to that shown in Table 10-8. b. Prepare Croton City's government-wide financial statements-a statement of net position and a statement of c. Prepare Croton's financial statement reconciliations the funds balance sheet to the government-wide activities t of net position and the funds statement of revenues. expenditures. and changes in fund balances to the government-wide statement of activities